Coinbase Global, Inc.

$COIN Wave 4 pullback?

1 195
COIN had a tremendous run, a text book Elliot wave 3 but has confirmed bearish divergence on the daily RSI.

The trend is strong so wave 4 could be shallow, only reaching the previous all time high, High Volume Node and 0.236 Fibonacci retracement and daily pivot point between $322-345

Further decline brings up the High Volume Node support at 0.382 Fib retracement and ascending daily 200EMA! Also a highly probable scenario!

Long term outlook remains around $600 target

Safe trading.

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